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Hi, I thought I misunderstood as well at first but could be read either way.
Obfuscation or lies by omission
Presumably that’s saying the BFS will take circa six months after the ESIA, for which allow up to six months.
I think that’s roughly what Graham said before in an RNS too (at least that they’d pause the BFS pending the ESIA) - might be mis-remembering?
I have just listened, I think you are misunderstanding what he says,
he is replying about the key milestones coming up in the next 6-12mths, so EISA & BFS.
For the ESIA? Is that the CFO mining conference interview Matador?
If you listen closely to the last interview the timescales given are 6 months to a year.
'@GW62 Hi mate I dont have time to guide you through every sentence and tweet. Honestly, they are pretty self explanatory.'
So self explanatory that an 'interested' party asked a legitimate question, and the author can't answer because it shows him for what he is. lol. GW62 he 'tweeted ' his 'chart' on 6 Feb, 5 days after RNS, and no matter where the 'line' crosses, it will have been 'manufactured' to give a 'prediction' date before 1 Feb. Charlatan.
'. The beauty of charts is they reduce the need to write novels, as many on here love to do'
When a 'novel' is based on fact, and not garbage in someones head, invariably they are a 'decent' read, and will interest some parties. and it will always ruffle the feathers of the 'I write garbage ' posters. If only the charts had said 'buying opportunity on 1 Feb, instead of 6th Feb.' Charts based on 'dead reckoning' methinks
Swazers - Do you do horoscopes as well? - I'm a Capricorn, what does my future hold?
I have added a smaller channel to offer an idea where support may be coming into the equation for #EML The larger chart idea remains the same. The beauty of charts is they reduce the need to write novels, as many on here love to do. https://www.tradingview.com/x/lwsMnCsL/
@GW62 Hi mate I dont have time to guide you through every sentence and tweet. Honestly, they are pretty self explanatory.
Swazers deleted my post from yesterday, which details what nonsense his 'charting' success is. I have copies of it and will repost if deleted again.
This is his post from t'other day,
'GW62 Oh BTW, here is the Tweet from the 6th Feb, the day before the SP had its mega rise and touched 3.51p, sorry about my exact prediction of 3.50p. I guess being out by 0.01 is an acceptable margin. lol
The 'mega' rise of 7th Feb is laughable. The sp on 6th was 2.70, it peaked at 3.05, ( NOT 3.51.lol) a rise of 0.35 or 13%. The MEGA rise was following the RNS on 1 Feb, announcing the KMP 'solution'.. I have said many, many times that the driving force of sp in 'junior' cos. is RNS. The Mega rise was 1.225 from the sp on 31 Jan, 1.825. an increase of 68%.
So you tweeted your charts a few days after the release of the RNS, lol, a positive RNS, and it took the market the weekend to 'assimilate' the information., Swazers jumped on the band wagon and claims his 'success;. lol.
Beware the charts on junior cos. some are useful, when done intelligently, for ftse350cos.
Once can just picture the line of questioning:
PJ: "So you are telling us that the Ministerial Committee has not ruled over an investor appeal since Nov 2021 but that you are very confident you will get your permit soon. Do you not stop and think that just maybe they are playing the long game waiting for you to run out of cash so can get their hands on your assets on the cheap ?....Its not for me I'm out".
GC: "Trust me it's imminent"
Maybe we could get on Dragon’s Den.
Peter Jones could open doors and earn back his share for only 75% of the business. Ha ha : )
And still the wait goes on for the ESIA. Over 5 months on from the earthquake, still no indication as to when the meeting will take place.
Very useful insights. Difficult to relate them to EML without specific information. Thanks for the post.
Some interesting snippets in here re. the role of the ESIA.
https://www.iisd.org/system/files/publications/igf-esia-background-en.pdf?q=sites/default/files/publications/igf-esia-background-en.pdf
Hi Swazers,
Thanks for the messages. I see the big blue arrow and the 3.50 of course from Feb 6th but on what date did you predict the SP would hit this level? You have a y-axis of SP and x-axis of the date. I was simply taking the point of the arrow where it hits your line and reading off the x-axis value of late March. Is this correct?
GW62 Oh BTW, here is the Tweet from the 6th Feb, the day before the SP had its mega rise and touched 3.51p, sorry about my exact prediction of 3.50p. I guess being out by 0.01 is an acceptable margin. https://x.com/SwazersC/status/1754824903541367037?s=20
***Typo*** I meant 200 ema, not 20**** Apologies. Sometimes my spelling software removes charters and numbers, it's very annoying!
@GW62 The #EML SP daily high was 3.51p, intraday, on the 7th of Feb 2024. Here is a chart with a HUGE blue arrow, just in case you need visual assistance. The daily volume for #EML on this day was 8.981 million. My charting prediction was extremely accurate and continues to move according to my ideas. https://www.tradingview.com/x/3KbNkhxR/
I noticed that my #EML chart also correctly predicted the recent resistance. Let us see if the SP heads into an area of support. The slight retracement on the SP is normal when it encounters the 20 ema. The area of resistance has been forming for over 3 years, one can't expect immediate breakouts on the first attempt. The good news, IMO, is the larger bullish macro super channel. https://www.tradingview.com/x/GcFtotV5/ https://www.tradingview.com/x/TjtUzeJv/ https://www.tradingview.com/x/QhtlWQGR/
RNS of 6 Jul 2023 here too:
“Following a recent evaluation meeting, the Commission Régionale Unifiée d'Investissement ("CRUI"), the regional investment authority, was unable to approve the application, and consequently the Company has exercised its right to refer approval to the Ministerial Committee, which is chaired by the Head of Government and includes several Government ministers.”
Link: https://www.lse.co.uk/rns/EML/q2-update-0hygvaqv11mh42c.html
Quoting from Q4 Update RNS and hope this helps answer question below:
"Emmerson is still awaiting the session of the Commission Ministérielle de Pilotage (''Ministerial Committee'' or the ''Committee'') to obtain environmental approval"
As anyone asked Emmerson which committee, the appeal will be heard by and did they get an answer. Save all this guessing and name calling.
Only a idea.
'Nothing goes up in a straight line (except rockets.. '
Not so, the trajectory of rockets launched from Earth to space typically follows a parabolic arc, with the rocket's initial trajectory angled upward to gain altitude and escape the Earth's atmosphere. As the rocket continues to climb, its trajectory will gradually flatten out until it reaches orbit.
If you ever appear on WWTBAM, this could be your £1million question. You will thank me then and offer me at least half of the winnings. For sure. You are that kind of guy.